Short Term Trading Week Starting: 26 Sept, page-48

  1. 2,007 Posts.
    lightbulb Created with Sketch. 968
    Here you are bud full document: http://hotcopper.com.au/threads/octobers-very-own-flamingo-cr8.2922623/#post-19417802

    Ill just throw in the summary of CR8 here for STT:
    • @4C MC: $24m EV: $18m
    • Approached by CR8
    • Awarded Cool Vendor of the Year, Number 2 Startup to watch, NSW entrepreneurship
    • Dream team management
    • Roadshows complete
    • Partnership with Oracle
    • Global from Day one no mucking about around with Small Business’s in Aus
    • Attempting to sign a Fortune 50 (Company larger than Nationwide) on East Coast, potential candidates: Cognizant, CVS Health, Allianz Global, Xerox, Bank of America
    • Clients: Nationwide, Daily Gazette, NAB, TheVillage, Quay Credit Union, Prime Finance
    • Sales in pipeline established with multiple Fortune250’s
    • Partnership with Clarion Group who are handing them clients
    • Over 10 Sales Applications with Fortune 500’s which can include more of Clarions Clients: Liberty Mutual, Massachusetts Insurance, Cisco, IBM, Microsoft, Mastercard, American Express, Visa, Citizens Financial Group, Pfizer
    • Looking for a deal (Currently in negotiations) with one of worlds largest CRM vendors which I’m guessing: Spigit, Salesforce, Oracle, SugarCRM
    • Peers have had capital raising ranging from $10.5m -> $48m so moneyflow exists into the sector. Usually investors/venture capitals look to fund companies which they believe have 10times value of their investment so peers are being valued about $100-$480m.
    • $700k revenue from Nationwide (Paid Trial). Also have another 3 paid trial with U.S Insurance Finance firms, and another 2 paid trials with Australian firms (including a wealth management firm for high end clients). So total of 5paid trials can assume revenue expected = $2 - $3.5m
    • Major gap in Market
    • Flexibility between human touch and artificial intelligence within software
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.